Last $81.39 USD
Change Today -0.08 / -0.10%
Volume 476.3K
DRC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

dresser-rand group inc (DRC) Snapshot

Open
$81.59
Previous Close
$81.47
Day High
$81.59
Day Low
$81.31
52 Week High
09/30/14 - $82.95
52 Week Low
03/14/14 - $54.10
Market Cap
6.3B
Average Volume 10 Days
771.6K
EPS TTM
$2.26
Shares Outstanding
76.8M
EX-Date
--
P/E TM
36.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for DRESSER-RAND GROUP INC (DRC)

dresser-rand group inc (DRC) Related Businessweek News

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dresser-rand group inc (DRC) Details

Dresser-Rand Group Inc., together with its subsidiaries, designs, manufactures, sells, and services rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. It operates in two segments: New Units, and Aftermarket Parts and Services. The New Units segment offers turbo and reciprocating compression equipment and steam turbines; power turbines; special-purpose gas turbines; hot gas expanders; gas and diesel engines; trip, trip throttle, and non-return valves; and magnetic bearings and control systems. This segment also provides engineering, manufacturing, project management, packaging, testing, sales, and administrative support services. The Aftermarket Parts and Services segment offers a range of aftermarket parts and services, including replacement parts, field service turnaround, service and repair, operation and maintenance contracts, rotor/spare parts storage, condition monitoring, controls retrofit, site/reliability audits, remote area energy solutions, equipment repair and rerates, equipment installation, applied technology, long-term service agreements, special coatings/weldings, product training, turnkey installation/project management, and energy asset management services. This segment also provides engineering, manufacturing, project management, installation, commissioning, start-up and other field services, repairs, overhauls, refurbishment, sales, and administrative support services. The company markets its products and services through its sales representatives comprising direct sales/service personnel and a network of independent representatives and distributors. Dresser-Rand Group Inc. was founded in 2004 and is headquartered in Houston, Texas.

8,100 Employees
Last Reported Date: 03/14/14
Founded in 2004

dresser-rand group inc (DRC) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $932.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $286.0K
Executive Vice President of Global Operations
Total Annual Compensation: $409.6K
Vice President, General Counsel and Secretary
Total Annual Compensation: $417.4K
Executive Vice President of Global Solutions
Total Annual Compensation: $364.4K
Compensation as of Fiscal Year 2013.

dresser-rand group inc (DRC) Key Developments

Dresser-Rand Group Inc. Plans to Cut 650 Jobs

Dresser-Rand Group Inc. will cut 8% of its global workforce, or almost 650 jobs, as the energy sector continues to struggle. Dresser-Rand, which is being acquired by German industrial giant Siemens AG for $7.6 billion, will begin its workforce reduction plan within the next several weeks. The oilfield equipment company noted that the cutbacks are in response to the ongoing market conditions and not in anticipation of the Siemens merger.

Dresser-Rand Group Inc. Announces Earnings Results for the Fourth Quarter of 2014

Dresser-Rand Group Inc. announced earnings results for the fourth quarter of 2014. For the fourth quarter, the company reported net income of $46.2 million or $0.60 per share, compared to $32.8 million or $0.43 per share for the year-ago quarter.

Pacific Ethanol, Inc. Announces Agreement with Dresser-Rand to Install 3.5 Megawatt Cogeneration System

Pacific Ethanol Inc. announced its agreement with Dresser-Rand to install a 3.5 megawatt cogeneration system with gradual oxidizer at its Stockton, CA plant for approximately $12 million. The cogeneration system will displace purchased electricity by using Ener-Core Inc.'s innovative gradual oxidizer technology to convert waste gas from ethanol production and natural gas into electricity and steam. With this technology, the plant will have among the lowest air emissions in the ethanol industry. Under the terms of the agreement, Dresser-Rand will supply two 1.75 megawatt gas turbine generators with heat recovery steam generators and two gradual oxidizers that are manufactured by Ener-Core. The combined system will replace the current use of thermal oxidizers. Pacific Ethanol expects the cogeneration system to be operational by the second-quarter of 2016.

 

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Industry Analysis

DRC

Industry Average

Valuation DRC Industry Range
Price/Earnings 57.4x
Price/Sales 2.2x
Price/Book 4.7x
Price/Cash Flow 57.1x
TEV/Sales 1.7x
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